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That isn't the economic trap of living in a company town, that is like living in the more expensive area of town. So the company town effect doesn't happen. T
by woolvalley 8y ago
That isn't the economic trap of living in a company town, that is like living in the more expensive area of town. So the company town effect doesn't happen. They can only raise their prices too much before the cost of goods outweighs the cost of inconvenience.
I really doubt that any sort of real 'company town' effect will happen.